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Sirca Paints India (BOM:543686) Net Cash per Share : ₹13.76 (As of Mar. 2024)


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What is Sirca Paints India Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Sirca Paints India's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹13.76.

The historical rank and industry rank for Sirca Paints India's Net Cash per Share or its related term are showing as below:

BOM:543686' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 20.67   Med: 32.71   Max: 44.74
Current: 22.87

During the past 12 years, the highest Price-to-Net-Cash Ratio of Sirca Paints India was 44.74. The lowest was 20.67. And the median was 32.71.

BOM:543686's Price-to-Net-Cash is ranked worse than
76.12% of 335 companies
in the Chemicals industry
Industry Median: 7.99 vs BOM:543686: 22.87

Sirca Paints India Net Cash per Share Historical Data

The historical data trend for Sirca Paints India's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sirca Paints India Net Cash per Share Chart

Sirca Paints India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 4.69 8.28 7.20 13.76

Sirca Paints India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.20 - 10.42 - 13.76

Competitive Comparison of Sirca Paints India's Net Cash per Share

For the Specialty Chemicals subindustry, Sirca Paints India's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sirca Paints India's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sirca Paints India's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sirca Paints India's Price-to-Net-Cash falls into.



Sirca Paints India Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Sirca Paints India's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1176.231-422.151-0)/54.8088
=13.76

Sirca Paints India's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1176.231-422.151-0)/54.8088
=13.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sirca Paints India  (BOM:543686) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Sirca Paints India Net Cash per Share Related Terms

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Sirca Paints India (BOM:543686) Business Description

Traded in Other Exchanges
Address
G-82, Kirti Nagar, New Delhi, IND, 110015
Sirca Paints India Ltd is engaged in the marketing and distribution of paints and allied products. The company's products include PU Clear Finishes, PU Pigmented Finishes, Special effects, Glass Coatings, Metal Coatings, Water Borne Coating, Stains, Leafing, Wood Filler, and others. The company operates in only one reportable business segment viz. "Wood Coating Products" and a single geographical segment Geographically, it operates only in India.

Sirca Paints India (BOM:543686) Headlines

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